The problem Knack solves

The music industry has grown exponentially in the past few years with the success of digital music streaming services. However, the major music streaming platforms are centralized, and as a result, the artists lack control over their content. A technology that can improve the transparency, provides unique identification for the songs and more control to the artists over the money they make can revolutionize the industry. The direct interaction between consumers and artists would also eliminate the need for intermediateries from the revenue stream. It is also trustable and removes the need for an intermediary, thus leading to reduced costs.

Challenges we ran into

Since we were completely new to the blockchain field, the biggest hurdle was understanding the complete flow of blockchain architecture and also implementing the interface between blockchain tools like Ganache, metamask and Web3 storage in our application.